Gary Cohn, president and chief operating officer at the Wall Street firm, had been widely considered the heir apparent to Goldman CEO Lloyd BlankfeinGlobe and Mail 1 hour agoAlso reported by •Raw Story •Reuters •Sify

Major U.S. stock indexes climbed again on Thursday and set fresh record highs, as a month-long rally, following the presidential election of Donald Trump, rolled on. Bobbi Rebell reports.Source: Business Video Online - 19 hours ago

Public trading in the third-largest initial public offering (IPO) of 2016 started out strong on Friday.
Shares of Athene Holding, an insurer backed by the private-equity firm Apollo Global..Business Insider 1 hour ago

It appears that vampire squids are quite adaptable to living inside the swamp that Trump promised to be draining.
Following the appointment of former Goldman partner Mnuchin as Treasury Secretary,..Zero Hedge 1 hour ago

President-elect Donald Trump has tapped Goldman Sachs' Gary Cohn as the National Economic Council director, according to NBC News.
Cohn is the President and COO at the firm, and trails only CEO..Business Insider 1 hour agoAlso reported by •Independent

The *euro* is tumbling on Friday.
The currency is down by 0.4% at 1.0575 against the dollar as of 8:36 a.m. ET.
On Thursday, the euro plunged by over 1.3% against the greenback, the largest..Business Insider 3 hours ago

Goldman Sachs' chief credit strategist, Charles Himmelberg, is optimistic on global growth next year.
The post Charles Himmelberg: Global growth to pick up was first published on MoneyWeek.MoneyWeek 5 hours ago

Here is what you need to know.
*Inflationary pressures are stirring in China. *Data released on Friday by China's National Bureau of Statistics showed consumer prices jumped 2.3% year-over-year in..Business Insider 6 hours ago

Submitted by Lance Roberts via RealInvestmentAdvice.com,
“Trump saves jobs in Indiana before even being President. This is how you make ‘America Great Again.”
Between promises to..Zero Hedge 16 hours ago

In an effort to combat income inequality, Portland, Oregon, on Thursday became the first jurisdiction to adopt a tax penalty on companies with excessive CEO-worker pay gaps.
Under the new law,..Huffington Post 16 hours ago

Donald Trump was right. The system is rigged. Government doesn't work for working folks. It's not helping families make ends meet. And it is definitely not creating jobs for the middle class.
And..Huffington Post 19 hours ago

US stocks rallied to record highs again on Thursday as the rally since the election continued. Meanwhile, global bonds sold off after the European Central Bank announced it would extend its..Business Insider 20 hours ago